State Gas Ltd T.GAS

Primary Symbol: STGSF

Energy Oil & Gas E&P

State Gas Limited is an Australia-based gas exploration and development company focused on the Bowen Basin in Central Queensland. The Company 100% owns and operates the contiguous Reid’s Dome Gas (PL-231) and Rolleston-West (ATP 2062) Gas Projects, both of which contain both coal seam gas (CSG) and conventional gas. Reid’s Dome Gas (PL-231) and Rolleston-West (ATP 2062) Gas Projects, together cover approximately 1,595 square kilometers (km2), and are located south of Rolleston, approximately 50 and 30 kms respectively from the Queensland Gas Pipeline and interconnected east coast gas network. It also holds a 35% interest in ATP 2068 and ATP 2069 in a joint venture with Santos QNT Pty Ltd (65%). It is also participating in a carbon capture and sequestration initiative with minerals explorer Rockminsolutions Pty Ltd in respect of EPM 27596 which is located on the western border of ATP 2062. It has also developed a CSG to High Density Natural Gas plant (the HDNG Facility) in Australia.

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State Gas Ltd

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Post by lastpickon Nov 20, 2010 2:33pm

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Post# 17734662

Error on NGX Website?

Anyone else notice the error in the reported Index of 150.44 for Nov 19? By my estimate, this Index should be about 172 based on the Nov. 18 index of 165.69 and the ratio of the deferred prompt prices of $3.79/3.6525 reported for Nov. 19 and Nov. 18?? Any other ideas other than my assumtion they made an error? At least GAS went in the right direction!

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